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Wynyard Quarter residential precinct targets new sustainability benchmark

25 March 2015. Source: Media Release

The path to sustainability is an easier journey if the sustainable behaviours are made easy. That’s the philosophy behind the design of the new residences in Auckland’s Wynyard Quarter development.

The residential precinct is the first large-scale development of its type in New Zealand to target the 7 Homestar environmental rating.

Homestar is an easy-to-understand rating system for homes which recognises healthier, more energy efficient design and construction.

Wynyard Quarter residential developer Willis Bond & Co is the sponsor of an update to the Homestar tool to ensure it is better suited to recognising the sustainability features of apartments. The revised tool will be officially launched by the New Zealand Green Building Council in May. 

Waterfront Auckland has specified that the residential development in Wynyard Quarter must meet 7 Homestar requirements. To meet the standard, all new building designs need to be assessed using the tool and then built to achieve at least a 7 Homestar rating.

Willis Bond managing director Mark McGuinness says sustainability will be one of Wynyard Quarter’s defining features.

“We plan to make it New Zealand’s greenest urban precinct where ideas about 21st century sustainability are made real and a new benchmark is set for sustainable residential communities.

“The residences at Wynyard Quarter have been designed to target a minimum 7 Homestar standard. To achieve the rating not only is sustainability embedded in the infrastructure planning and designs, but sustainable behaviours are designed to be easy for residents,” Mr McGuinness says.

New Zealand Green Building Council Chief Executive Alex Cutler says the fact Willis Bond is targeting 7 Homestar on such a large scale sends a strong message to the industry.

“The level of sustainability planned at Wynyard Quarter – a two hectare site with more than 500 homes – shows achieving high environmental standards is both achievable and desirable to consumers.

“We applaud Willis Bond and Waterfront Auckland for making Homestar a requirement in Wynyard Quarter – these will truly be homes of the future; sustainable, healthy and of course liveable.”

Wynyard Quarter sustainability features include:

About Wynyard Quarter

Willis Bond & Co’s Wynyard Quarter development is primarily residential with retail spaces on the ground floor. A partnership project with Waterfront Auckland Limited, it is the first residential development in Wynyard Quarter. The project includes more than 500 new homes comprising a diverse selection of apartments and townhouses. The first residences are due for completion in 2017. 

About Willis Bond & Co

Willis Bond & Co is an Auckland and Wellington based company specialising in property development. Its projects are predominantly large-scale, waterfront and urban mixed-use developments.  Examples include the award-winning $175 million Chews Lane Precinct, the $180 million Clyde Quay Wharf and a number of Auckland projects including the first stage of a residential and mixed-use development at Wynyard Quarter with a project end value of more than $200 million and Sunderland at Hobsonville Point. 

Willis Bond has founded a number of property-related funds including Willis Bond Capital Partners and Willis Bond Capital Partners II.  The two Willis Bond Capital Partners funds comprise $228 million of equity available for development activity in New Zealand. Investors in the funds include the New Zealand Superannuation Fund, the Government Superannuation Authority, ACC and a number of high net worth individuals. 

The company has strong and established relationships with its consultants and contractors, who must be best in class and closely aligned with the outcomes of projects. Willis Bond aims to implement environmentally sustainable design and places strong value on creating long lasting communities. It is a member of the New Zealand Green Building Council. Willis Bond is a key funder of The McGuinness Institute, a think-tank on sustainability looking at the issues associated with managing New Zealand’s long-term future.

About Homestar

Homestar is the comprehensive, independent system that rates the health, comfort and efficiency of New Zealand homes, on a scale of 1-10. A 6 Homestar rating or higher provides assurance that a home will be warmer, healthier and cost less to run than a typical new home.

Homestar takes into account energy, water, waste, ventilation, health and comfort, and other environmental factors. Homestar ratings are assessed by qualified professionals, and certified by the New Zealand Green Building Council.

Issued for Willis Bond & Co by Pead PR

Contact: Candice Robertson, Pead PR, Tel: 0-9-918 5576, Mob: 021 075 7911, email: candice@peadpr.co.nz